Malaysia lures huge Qatari investment

Qatar Holding, an arm of the Gulf nation’s sovereign wealth fund, has announced plans to invest an estimated USD 10 billion into Malaysia. The investment would be directed into petrochemical projects, banking, real estate development and expanding the Harrods Hotel chain.
Around half of this investment would be spent over five years on the Pengerang Integrated Petroleum Complex development in Johor, located south of Malaysia. The 8100-hectare development will feature oil refineries, naphtha crackers, petrochemical plants, a liquefied natural gas import terminal and a re-gasification plant………………………………………..Full Article: Source